dYdX: Approximately 7.5 million DYDX tokens have been repurchased, with a total value of approximately US$1.35 million.
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TL;DR
dYdX Foundation repurchased about 7.5 million DYDX tokens worth $1.35 million since a revenue-based proposal passed in November. The next repurchase will involve 1.78 million tokens.
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dYdXDecentralized Exchange (DEX) TokenLayer 1DYDX tokenstoken repurchasecryptocurrencyblockchain
[dYdX: Approximately 7.5 million DYDX tokens have been repurchased, with a total value of approximately $1.35 million] According to Mars Finance, on December 31, the dYdX Foundation announced that since the proposal to "use 75% of the protocol's revenue for DYDX repurchases" was passed on November 13, approximately 7.5 million DYDX tokens have been repurchased, with a total repurchase value of approximately $1.35 million. The next repurchase will involve 1.78 million DYDX tokens.